Business Daily Media

Men's Weekly

.

Octa broker's take on the upcoming NFP report

KUALA LUMPUR - Media OutReach Newswire - 2 July 2025 - This Thursday at 12:30 p.m. UTC, the U.S. Bureau of Labor Statistics will release its highly anticipated Nonfarm Payroll (NFP) report.

While typically issued on the first Friday of each month, this week's release has been brought forward due to the upcoming U.S. Independence Day holiday. The NFP report is traditionally considered to be the most significant piece of macro statistics and tends to generate considerable market impact.

Octa Broker

The report offers critical insights into the health of the U.S. labour market, detailing job creation in the non-agricultural sector, unveiling the latest unemployment figures, and tracking changes in average hourly earnings. This data release has the potential to reshape U.S. interest rate expectations and steer investor sentiment, which is why the report is closely watched by market participants. The report will almost certainly affect the exchange rate of the U.S. dollar (USD) and trigger volatility across various financial instruments, including equity indices and commodities.

Previous report
The previous NFP report (published on 6 June) presented a somewhat mixed picture. While the headline figure, showing the number of jobs created, was above the market consensus, the preceding report was revised downward. At the same time, average hourly earnings grew faster than expected. Overall, the market interpreted the report as bullish for the DXY, which ended the day higher by 0.50%, while XAUUSD and EURUSD were down 1.22% and 0.45%, respectively.

Market Expectations
The NFP release arrives against a backdrop of heightened uncertainty and amplified volatility. Financial markets remain gripped by the persistent geopolitical instability, particularly in the Middle East and Eastern Europe, alongside ongoing trade tensions between the United States and global partners. Indeed, despite the NFP's significance, the ongoing focus on global trade tariffs could partly limit its influence on market movements.

Current market positioning strongly suggests a widespread expectation for a weak report that would ostensibly provide further justification for a Federal Reserve (Fed) interest rate cut later this year. This sentiment is clearly reflected in both consensus surveys and recent price action in the U.S. Dollar Index (DXY). Thus, according to Reuters, analysts expect to see only a modest increase of approximately 110,000 jobs, the lowest projected figure since November 2024. Concurrently, the DXY is hovering near a two-year low, just shy of the 97.00 mark. The primary reason for the greenback's recent weakness has been the prevailing dovish monetary policy expectations. In fact, the latest interest rate swaps market data implies almost a 75% chance of a 25-basis point (bps) rate cut by the Fed in September. Looking further ahead, the market currently prices in around 30% probability of a full percentage point reduction in the Fed's benchmark rate by July of next year.

Potential Outcomes
Kar Yong Ang, a financial market analyst at Octa broker, offers a perceptive outlook: 'Several factors, such as a weak dollar, dovish monetary policy expectations, and a rather pessimistic consensus for tomorrow's labour market report suggest that higher-than-expected NFP figures will likely have a disproportionately stronger impact on gold [XAUUSD] and EURUSD vs lower-than-expected figures. In other words, a bullish NFP report's upward pressure on the U.S. dollar will likely outweigh the bearish impact of a weaker-than-expected release'.

On balance, in case the NFP report reveals stronger-than-expected results—indicating a larger increase in payrolls and/or higher growth in average hourly earnings—the greenback could experience a substantial rebound, leading to sharp downside corrections for XAUUSD and EURUSD. Conversely, should the NFP report come out weaker than expected, gold and the euro may receive only a minor boost.

'I would treat any correction in gold as a buying opportunity', says Kar Yong Ang. 'XAUUSD remains in a structural uptrend due to strong fundamental reasons, so it is recommended to look for buying opportunities. Consider placing pending buy-limit orders on XAUUSD, particularly near the $3,280 level, in the event of a bearish reaction to the U.S. NFP report. Should a bullish reaction unfold, consider placing pending buy-stop orders on XAUUSD, specifically near $3,360'.

___

Disclaimer: This press release does not contain or constitute investment advice or recommendations and does not consider your investment objectives, financial situation, or needs. Any actions taken based on this content are at your sole discretion and risk—Octa does not accept any liability for any resulting losses or consequences.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including improving educational infrastructure and funding short-notice relief projects to support local communities.
In Southeast Asia, Octa received the 'Best Trading Platform Malaysia 2024' and the 'Most Reliable Broker Asia 2023' awards from Brands and Business Magazine and International Global Forex Awards, respectively.


News from Asia

VinFast Indonesia to expand dealership network to 85 showrooms nationwide

JAKARTA, INDONESIA - Media OutReach Newswire - 26 July 2025 - VinFast, the Vietnamese Nasdaq-listed EV manufacturer, has officially signed agreements with 20 new dealership partners during th...

VinFast Indonesia continues to expand nationwide service workshop network

JAKARTA, INDONESIA - Media OutReach Newswire - 26 July 2025 - VinFast, the Vietnamese Nasdaq-listed pure-electric vehicle manufacturer, today announced the signing and implementation of strategic ...

HKSTP Takes Nine Game-Changing AI Tech Ventures to WAIC 2025 to Advance China's AI Plus Vision in Transforming Business and Industry

HONG KONG SAR / SHANGHAI, CHINA - Media OutReach Newswire - 27 July 2025 - Hong Kong Science and Technology Parks Corporation (HKSTP) is embarking on a mission to advance China's AI Plus vision wi...

Vietfood & Beverage - Propack Vietnam 2025: The Biggest International F&B Exhibition in Vietnam

HANOI, VIETNAM - Media OutReach Newswire - 28 July 2024 - From August 7-9, 2025, Vietfood & Beverage - Propack Vietnam 2025 - The biggest international F&B exhibition in Vietnam will offic...

Jollibee Group Evolves its Corporate Brand to Help Power Global Growth

Brand update brings to life its global purpose and positioning as a unified group of brandsMANILA, PHILIPPINES - Media OutReach Newswire - 23 July 2025 - The Jollibee Group, one of the world's fas...

Taiwan Cybersecurity Day Returns to Thailand — Showcasing Solutions for Thai Enterprises

TAIPEI, TAIWAN - Media OutReach Newswire - 28 July 2025 - As global threats become increasingly sophisticated, cybersecurity has become essential for business continuity and digital trust. Taiwan ...

AIA Hong Kong continues to lead the insurance industry with the most market No.1* in Q1 2025

HONG KONG SAR - Media OutReach Newswire - 28 July 2025 - AIA Hong Kong has once again led the industry with the most market No.1 in the first quarter of 2025, according to the Provisional Statisti...

Aifeex Accelerates Global Strategy with Seven AI Ecosystems to Lead the Future of AI Finance

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 28 July 2025 - On July 22, 2025, Aifeex hosted the “2025 Global Artificial Intelligence Summit” in Kuala Lumpur, unveiling its strategic layout o...

YBUOJ Responds to BaFin Announcement, Reaffirms Compliance Credentials and Global Regulatory Commitment

COLORADO, USA - Media OutReach Newswire - 28 July 2025 - YBUOJ has issued an official response to a recent notice from the Federal Financial Supervisory Authority of Germany (BaFin), which alleged...

AsiaInfo Technologies Integrates with NVIDIA Omniverse to Accelerate Smart Manufacturing Transformation

BEIJING, CHINA- Media OutReach Newswire - 28 July 2025 - AsiaInfo Technologies Limited ("AsiaInfo Technologies" or the "Company"; HKEX stock code: 01675), a leading provider of software products...

Landowners Offered $30,000 Per Year for Just 1 Hectare: The Rise of 5MW Battery Projects Across Australia

In a pivotal shift reshaping Australia’s renewable energy landscape, landowners in Queensland, New South Wales, and Victoria are being offered up ...

Major national security tech alliance launches with Aerologix a founding member

Australia’s leading drone intelligence pioneer bolsters sovereign tech power Australia’s leading aerial data and drone intelligence platform, Aer...

Chris Hancock AM Honoured as 2025 Communications Ambassador

SYDNEY Chris Hancock AM, former CEO of AARNet, has been awarded the prestigious Communications Ambassador title at the 2025 Telecommunications Indus...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

Sell by LayBy